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5695 NW 23rd St 2,000 SF of Retail Space Available in Gainesville, FL 32653
Highlights
- Positioned on a signalized corner adjacent to Walmart Supercenter.
- Built in 2021 with modern site improvements and parking.
- Convenient access to US Highway 441 and surrounding commercial corridors.
- Existing restaurant infrastructure supports immediate occupancy potential.
- Multiple ingress and egress points enhance site circulation.
- Located near the University of Florida, Downtown Gainesville, and Northside Park.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,000 SF | Negotiable | $75.00 /SF/YR $6.25 /SF/MO $150,000 /YR $12,500 /MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 2,000 SF | Gross Leasable Area | 2,000 SF |
| Property Type | Retail | Year Built | 2021 |
| Property Subtype | Fast Food |
| Total Space Available | 2,000 SF |
| Property Type | Retail |
| Property Subtype | Fast Food |
| Gross Leasable Area | 2,000 SF |
| Year Built | 2021 |
About the Property
This former Popeyes restaurant offers a turnkey restaurant opportunity within a highly visible Gainesville retail corridor. Built in 2021, the property features existing restaurant infrastructure, dedicated parking, and convenient site circulation supported by multiple access points. Located directly adjacent to Walmart Supercenter, the property benefits from consistent consumer activity generated by surrounding retail, service businesses, public facilities, and nearby residential communities. Visibility along NW 23rd Street and quick access to US Highway 441 provide convenient connectivity for customers, employees, and deliveries. The surrounding area includes established national retailers, government offices, industrial and employment centers, senior housing communities, recreational facilities, and neighborhood-serving commercial uses. Northside Park is located across from the property, while Downtown Gainesville and the University of Florida are approximately five miles away. These nearby demand generators contribute to a broad customer base drawn from students, residents, employees, and visitors throughout the Gainesville market. The property's existing layout and restaurant improvements may help reduce occupancy preparation time compared with a new build, while the location within an established retail corridor provides immediate access to existing consumer traffic patterns and surrounding commercial activity.
Nearby Major Retailers
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5695 NW 23rd St
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